Michael Sandberg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) 6 a.m. wake-up calls. Cancelled tennis dates. Anxious check-ins on bond prices while walking the dog. These are just some of the scenes of traders and money managers over the weekend as the finance world braced for the next, and perhaps, final act of Credit Suisse Group AG’s stunning and spectacular fall from grace. For a second straight weekend, traders across the world, from London to New York and São Paulo, were glued to their mobile phones and laptops, watching the news, convening impromptu Zoom calls and waiting for marching orders on high alert in the wake of yet another bank crisis. Last time, it was Silicon Valley Bank, a US regional bank to startups. This time, it’s Credit Suisse, once a titan of Switzerland’s all-important banking industry. Except for over-the-counter trades in bonds, there was little for most traders to actually do with markets closed, as Swiss officials and UBS AG raced to put together a deal for all or parts of Credit Suisse on Satur

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